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Tag: bitcoin payments

Bank of England Governor: “Bitcoin Has Failed as a Currency but Blockchain Technology Has Promise”

Category: Altcoins, Bitcoin, Blockchain, Business, Commentary, Finance, News

Bank of England Governor: “Bitcoin Has Failed as a Currency but Blockchain Technology Has Promise”

Bank of England Governor Mark Carney, has said that the time to hold the crypto asset ecosystem to the same standards as the rest of the financial system has come. He made these remarks during a speech which he addressed at the Scottish Economics Conference in Edinburgh via a video link on March 2, 2018. British Pessimism The Governor stated…

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Overstock-Coinbase Bitcoin Mix-Up Leads to Huge Discounts

Category: Bitcoin, Business, Commentary, News

Overstock-Coinbase Bitcoin Mix-Up Leads to Huge Discounts

Overstock unwittingly processed bitcoin cash as having an identical value to bitcoin, effectively allowing customers of the e-commerce giant up to an 85 percent discount on cryptocurrency purchases. Massive Savings As tested by expert security investor Brian Krebs, the glitch allowed customers to use bitcoin and bitcoin cash interchangeably, profiting the difference between the two when paying in bitcoin cash….

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Goldman Sachs Report Explores use of Bitcoin as Currency

Category: Bitcoin, Commentary, Finance, News

Goldman Sachs Report Explores use of Bitcoin as Currency

On January 10, 2018, analysts from Goldman Sachs Group, the Fortune 500 investment company, published a nine-page lengthy report titled “Bitcoin as Money.” Taking Crypto Seriously The report was the firm’s first exploration of bitcoin’s possible use as a currency and was written primarily by analysts Zach Pandl and Charles Himmelberg for the clients of the company. In the report,…

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Microsoft Goes Back and Forth on Bitcoin

Category: Bitcoin, Business, Commentary, News

Microsoft Goes Back and Forth on Bitcoin

According to multiple reports on the internet, Microsoft has quietly taken down the option that enabled purchases on its online store to be made using bitcoin. According to discussion threads on several cryptocurrency forums, it seems that the move was first publicly noticed around the start of January 2018 without any official statement from the company. Bitcoin Support When contacted,…

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Bitcoin Core 0.14 Released: Better Performance, Faster Synchronization, and More

Category: Bitcoin, Blockchain, News, Tech

Bitcoin Core 0.14 Released: Better Performance, Faster Synchronization, and More

Bitcoin Core released version 0.14 of the reference client of Bitcoin. This release contains some significant improvements in the performance, especially when building a node. Also, it changes the mempool management, enables users to retrospectively increase the fee for a transaction and many more things. With the version number 0.14 Bitcoin Core, the reference client of Bitcoin reaches a new…

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